Medical Marijuana, Inc., a publicly traded cannabis company, announced that its subsidiary Kannaway® released its new Single-Serving Coffee and Tea Pods, infused with 10mg of hemp-derived cannabidiol (CBD) per pod.
Kannaway® French Roast Coffee cups are made with 100% premium Arabica coffee beans, batch-roasted by a fifth generation roast master. Kannaway® Rooibos and Citrus Tea cups are a floral blend of antioxidant-rich and caffeine-free tea. The pods are compatible with most single-serve brewing systems.
According to a report by Cowen & Co., the CBD market alone is expected to hit $16 billion by 2025. Of the CBD products currently on the market, most are in the form of liquid tinctures or topicals, making CBD-infused coffee and tea a large market opportunity.